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$7.5m for Domain Name

Posted by ryuzaki0 on from the dear-lord-that's-a-lot dept.

Grey writes "The Age has a report that a Houston entrepreneur sold the name "business.com" for US$7.5 million. " Sheesh - I thought the Altavista domain name sale was really high. I think it's time for to start auctioning off such great names as Cowboyneal.net, CmdrTaco, and, of course, hemos.net. Do I hear 1 billion? *grin*

1 of 118 comments (clear)

  1. Waste of money by narsiman · · Score: 5

    The thought that just because you have a common name and so people would flock to you is so misguided. How common place, say 10 years ago would names like yahoo, lycos, altavista (may be astala vista), or eBullShit have been. This Great Domain names are just milking the hell out of ignorant MBAs who think they know the nerd mind because they have 5 programmers working under them and they have an 'e' in front of their company's name. Nonsense. How many of you go to www.search.com to search for web pages. In the next few years thats how many will go to business.com to do business. There is nothing in a name.